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BridgeCore Capital closes $1.4M acquisition financing for McDonald’s property in Saraland, Alabama
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 7, 10:44 PM EDT

BridgeCore Capital closes $1.4M acquisition financing for McDonald’s property in Saraland, Alabama

The private bridge lender said the loan was structured around a short timetable and a plan to sell the property after a certificate of occupancy.

BridgeCore Capital, Inc. has closed a $1.4 million acquisition financing deal tied to a McDonald’s property in Saraland, Alabama, according to a corporate announcement published June 3, 2026. The financing was arranged to support a quick purchase, with the borrower later planning to move the property to another buyer, the announcement said.

In the statement, BridgeCore said the borrower acquired the property at a price below fair market value because the seller needed to redeploy proceeds into an “imminent acquisition.” BridgeCore did not identify the purchaser, the seller, or the specific property address in the disclosure.

The borrower’s plan, BridgeCore said, was to complete the acquisition and then sell the property after issuance of a certificate of occupancy. A certificate of occupancy is the local approval document confirming that a building meets legal requirements and is ready to be occupied.

BridgeCore said it structured the loan around speed and certainty, using a loan-to-value approach that represented 92% of the purchase price. The lender also disclosed that the financing included only a three-month minimum interest period, and that BridgeCore closed the transaction within 15 business days to match the borrower’s expedited timeline.

BridgeCore said it worked with a mortgage advisory team, a sponsor, and a title company to coordinate the closing process and keep the acquisition on schedule. The announcement did not provide the loan’s interest rate, maturity date, repayment schedule, or whether the financing was non-recourse, all of which are commonly included in more detailed deal terms.

BridgeCore positions itself as a direct private bridge lender that provides short-term loans secured by first trust deeds on commercial and non-owner-occupied residential real estate nationwide. On its website, the company describes a “Bridge Loan Program” that generally features floating-rate, interest-only structures with loan terms spanning one to three years, along with flexible prepayment terms and varying loan-to-value limits depending on property type.

It is not clear whether this Saraland financing followed BridgeCore’s standard bridge-loan pricing framework. While the announcement specifies the three-month minimum interest feature and the 92% purchase-price representation, it does not disclose how those terms map to BridgeCore’s published program benchmarks, including any SOFR-based rate components.

BridgeCore did not disclose whether the McDonald’s location would be operated by a franchisee or under a corporate arrangement, nor did it say whether the planned sale would involve refinancing, a lease assignment, or other transfer mechanics tied to the property. It also did not state what the borrower expected to receive upon resale, other than describing the plan to sell at a “higher valuation” following the certificate of occupancy.

For the next phase, the key developments to watch are whether the certificate of occupancy is issued on the expected timeline and whether the borrower completes the planned exit to a new buyer. Additional bridge-loan announcements and property transaction updates may also indicate whether the financing is later refinanced into longer-term debt or repaid once the property is stabilized.

Why It Matters

  • The transaction highlights continued demand for short-duration, execution-focused real estate capital, particularly for acquisitions tied to near-term regulatory or operational milestones.
  • Bridge loans can shift the timing risk from buyers and sellers to specialized lenders, which may be reflected in terms like high purchase-price coverage and short minimum interest periods.
  • McDonald’s branded properties remain attractive for value-add and resale strategies in real estate markets, even when the disclosed financing details do not clarify how the brand is involved operationally.

Sources

Key Facts

  • BridgeCore Capital said it closed a $1.4 million acquisition financing for a McDonald’s property in Saraland, Alabama.
  • BridgeCore attributed the below-fair-market purchase price to a seller need to quickly redeploy sale proceeds into another acquisition.
  • The borrower’s plan was to sell the property after a certificate of occupancy is issued.
  • BridgeCore said the loan represented 92% of the purchase price and included a three-month minimum interest period.
  • BridgeCore said the deal closed within 15 business days to meet the borrower’s expedited timeline.

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BridgeCore Capital closes $1.4M acquisition financing for McDonald’s property in Saraland, Alabama | The Apex Times